GOOG Possible H&S formation on monthly & weekly $1078 must break strong. If that happens $978 will not hold. Possible support $811, or $685 If H&S happens on GOOG, it will also happen on SPY, QQQ, AMZN etc. Nice correction to the Large Caps.
AMGN down to $194 in 3 - 4 days, SHORT. Based on previous chart pattern, it looks like this is the setup. MACD is carousing over-down on daily. Every time this happened in the past we had a nice slide down in 3-4 days.
No Buying volume at this level, next major support should give buyers some incentive.
Potential SHORT. TCEHY in a "box", if $42 breaks, we're going down to $38 Similar set up was in July, 2018.
SPY looks for double bottom at $238 if the support breaks here. If support is broken here potential first bounce at $272, then $255 and final support $237. If that last one breaks will give updates accordingly.
Cold it be a Cup & Handle formation? It may be developing into one, possibly, no?
AMZN looks poised to move down this or next week. If $1763 is broken with volume we should see $1543 within 4 - 6 days
QQQ looks exhausted, possible H&S if $170 holds. If $170 holds, we'll go to $192 to finish H&S formation, you know the rest fro here. If $170 breaks right-a-way $147 could get a bounce, if not $117.